Nikken | Legit Network Marketing Program or Pyramid Scheme?
Introduction:
The online job market is filled with all sorts of opportunities. However, some are legit and others are not. Network marketing, particularly multi-level marketing, is one of the most prevalent online job opportunities out there!
Most people often confuse multi-level marketing (MLM) with pyramid schemes. Nikken is a health and wellness company with a multi-level marketing program. This Nikken review will seek to explain how you can make money using the site’s network marketing program.
At LegitWorkOnlineForReal, our mission is to help you find legitimate online gigs that will help you earn extra income. We also really enjoy helping folks like yourself, avoid evil online scams. Therefore, this review will also delve into establishing whether you can really make money with Nikken or not.
The review covers the following areas:
- When was it started?
- What is Nikken all about?
- What does it cost to join Nikken?
- How to make money with the program
- Your commissions and percentages
- How much money can you make with Nikken?
- What we liked about Nikken
- Good vs. bad qualities
- What are internet users saying about Nikken.com
When Was It Started?
The company was founded in 1975 by a Japanese entrepreneur, Isamu Masuda. 13 years later, Nikken moved it’s headquarters to California in 1988, and it has since expanded to over 40 countries across the world.
Nikken is a health and wellness organization that promotes it’s product’s through an MLM network. Having been in existence for over four decades, Nikken is considered one of the oldest multi-level marketing programs in the world.
What Is Nikken All About?
Nikken.com offers a wide range of products aimed at enhancing people’s health and overall well-being. A majority of the company’s products are designed around magnetism-related technologies.
The founder Isamu Masuda, found a way to use magnets to improve the overall wellbeing and health for human beings and pets. Nikken’s product portfolio includes products such as Kenno Sleep System, nutrition supplements, air filtration systems, massage products, skincare products, flexible support wraps, aromatherapy products, pet care products, sleep masks, water treatment systems, cosmetics, and weight loss products.
As a member of the Nikken MLM program, you can make money by either selling the products or by recruiting others into the network. Like all MLM programs on the market, Nikken’s referral program’s compensation plan is commission based.
What Does It Cost To Join Nikken’s MLM Program?
To join Nikken’s MLM program, you will have to part with $99, which is a one-time membership fee. Although this entry fee is cheaper compared to other programs, you should factor in additional monthly and annual costs related to services such as technical support.
You should expect to spend about $53 in monthly expenses or roughly $800 annually. This means that you will need money to make money with Nikken. If you do not have the capital needed to invest in this kind of business venture, you can consider checking out free-to-join legit online jobs – most of which we have already reviewed here at LegitWorkOnlineForReal.
How To Make Money with The Program
There are primarily two ways to make money with this MLM program: direct sales and referrals. With the first approach, you’ll make money by selling Nikken products to collect a commission off your sales. With the second approach however, you will make a passive income from your referrals’ efforts. This means that you will earn a commission from sales made by your referrals and all those under them.
Your Commissions And Percentages:
Your commission percentages will depend on your level in the company’s MLM tier. The most basic tier level is the Senior Consultant, which earns you a 5% commission. That is followed by the Executive Consultant as the second tier with a 10% commission. The third level is that of a Bronze Consultant, earning a 15% commission, and fourth the Silver Consultant with a 20% commission.
The most advanced levels fall under the leadership development category and include Silver, Platinum, Gold, Diamond, and Royal Diamond. Members a part of these levels earn the most. But only a handful make it to leadership development.
How Much Money Can You Make with Nikken?
Needless to say, money is plays a big factor when choosing the best online job. While it is certain that you make money with Nikken, we cannot state a specific potential earnings amount or range within certainty. This is due to the fact that your potential Nikken earnings will depend on many variables.
The biggest factor impacting your potential earnings will be the amount of effort and commitment at a personal level. The MLM grind requires that you put some skin in the game. Whether it’s recruiting new members or selling the company’s products, you will have to sweat for every penny.
According to the Company’s 2016 income disclosure statement titled “Putting The Opportunity Into Perspective,” 11.94% of the MLM program’s members are in the lowest earning group and have an average annual earning of $116.06. 20% of the members are in the Senior tier and earn an average of $199.29, while 14.89% are in the Executive tier and make an average of $203.67 annually.
Only 5.05% make it to the bronze tier and even those only make an average of $167. The top Nikken earners fall under the Leadership Development Levels (Silver, Platinum, Gold, Diamond, and Royal Diamond), with annual average earnings ranging between $552 and $102,625.
What We Liked About Nikken
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Well-Established Company
Considering that Nikken was founded in 1975, it has been in the industry for well over 47 years. The average lifespan of the average MLM company today is three years. That being said, the fact that Nikken has remained in business for all these years is certainly an impressive feat.
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No Monthly Sales Quota For Starters
As a beginner with this company, you will not have to meet any monthly sales quotas. The program’s quotas apply after the first promotion. Members in the Senior tier and above must recruit at least 100 new members every month to retain their status quo.
Good vs. Bad Qualities
The Nikken MLM program has it’s upsides and downsides. Below are the pros and cons of this company:
Pros:
- A variety of products
- Relatively affordable compared to other MLM companies
- Proven track history
Cons
- Low success rate
- The efficacy of the product’s is not scientifically proven
- Costly monthly auto-shipments
- The product’s are overpriced
What Are Internet Users Saying About Nikken?
Nikken has a 3.5/5 stars rating on glassdoor.com from 31 reviews. This indicates that a majority of the company’s workers are generally happy with its offerings. Here are some of the reviews left behind by Nikken’s MLM affiliates:
One current employee
Another current employee
Our Conclusion For Nikken:
Nikken is most definitely a legit health and wellness company that helps members make money through a tiered multi-level marketing program. To join this program, you will have to pay an upfront $99 membership fee, plus monthly technical support costs.
If you happen to consider yourself a great leader and salesperson, Nikken offers a platform where you can profit from these skills. However, if you are not good at selling and recruiting, then Nikken may not be a good fit for you.
We are hoping that this Nikken review has been helpful. You are welcome to share your experience and comments with us below in the comment section, if you have anything to say. Thank you for reading and see you in our next review.
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